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FOX Business
Oct 2, 2012 5:00pm EDT
with melissa francis" is next. >> the complaint speaks for itself. flagrant violations of law here, misrepresentations to investors. representations they were conducting what they call a robust and intense due diligence process were all a slam. they didn't have effective due diligence process. we have internal documents reflecting that. melissa: that is new york attorney general eric schneiderman. i spoke with him about the new lawsuit he brought against jpmorgan over the financial crisis. we have more in a moment. charlie gasparino is here with breaking news on this story. here's what is also money tonight. president obama and mitt romney getting ready to face off in the first presidential debate. one man who didn't get an invitation? libertarian presidential candidate, gary johnson of the he will join us here live. >>> plus an influential coal miners union says it won't endorse president obama's slamming the administration's war on coal. will this be a deciding factor in the election? >>> houses of millionaires collecting unemployment checks? does that make sense to you? even whe
FOX Business
Oct 4, 2012 9:00pm EDT
things like helping a pretend panpipe from the law. john: congress killing their funding. so acorn is gone except that they are not on. they just changed shapes. as dan epstein of the taxpayer watchdog group cause of action. what do you mean? >> my organization has been looking at acorn in is reprinted affiliate's of the past year, and we have seen that there are now 1704 groups out there, at least some of which including the mutual housing association of new york here in new york city are getting taxpayer dollars. yet we don't know if they're actually doing anything with that money. john: its new groups. not the same thing. >> the same directors, the same tax i.d. numbers, the same employee edification numbers. in many cases the same employees >> congress cuts them off and they just change names. >> i can tell you that when i were to the house oversight committee as an investigator we went to the inspector general's office, and an auditor told the committee staff when we found direct evidence of acorn housing misusing federal grant money, the auditor said, look, is $10 million. a
FOX Business
Oct 1, 2012 6:00pm EDT
. gerri: well, the supreme court back in session for the first five sets up of obamacare as the law of the land. the president's landmark health care law may still come back to the high court. peter barnes is in d.c. with all the latest. >> reporter: well, the court issued an order today about a case called liberty university versus a geithner, secretary of the treasury. kind of under the radar. and now this case was a direct challenge to obamacare a couple of years ago. liberty university was one of the first organizations to file suit to try to stop it. a court of appeals shot down the case because of the anti in junction act of 1867. remember that? we talked about it at nauseam. the law that was passed after the civil war this said that a taxpayer cannot sue the government over any tax. in june even though the court upheld obamacare on a regular tax law, the high court ruled in part that the anti injunction act did not prohibit lawsuits against obamacare. did not prohibit them. so guess what. liberty, refiled for a rehearing with the court of appeals. the administration has 30 da
FOX Business
Oct 2, 2012 9:20am EDT
with environmental laws and despite that loss 10,000 jobs in the last few years. joining us is robert bryce with the manhattan institute and author of power hungry. he is our guy at "varney and company". welcome to the program. point by point. what subsidies does the wind industry get? >> at the federal law will one that is at issue is production tax credit two.two cents per kilowatt hour of electricity produced. it is a lot because in some markets now that subsidy seeks the market price of the electricity being produced by other generators so in some markets in texas the wind energy business is bidding negative prices and paying to put their electricity into the grid so they can collect them in a stuart: tax subsidies for, what our greater than any other form of energy. >> reports i releasing with man had an institute shows the subsidies for the wind industry are at least 12 times what is given to the oil and gas industry on punitive energy produced. stuart: next one. the preferences that they get around environmental laws. >> this just chaps' my hide. [talking over each other] >> i have b
FOX Business
Oct 2, 2012 6:00pm EDT
biggest new law? answers are coming up next. gerri: there is one missing word from the obama campaign during this race. it is obamacare. but why is the president running from legislation that he desperately push for. with more on this, kimberly stossel, welcome to the show. it is weird that what is supposed to be the signature legislation of the president is nowhere in his statement. when you make of that? >> i have heard you just mentioned, and it is true, that more than half of americans disapprove of the law. it's a thicker visions are even more unpopular, it seems like the individual mandate, things like taxes on medical devices, so what you see the white house doing, they don't want to talk about this. what you see them doing is very few provisions in the bill that remain somewhat popular out there. republicans have kind of let them get away with that. gerri: they are both strange bedfellows. they came together to get obamacare put in place. recently, you talked about aarp, but i don't know about you, but you see them take over these bucolic streets, beautiful. but aarp is highly
FOX Business
Sep 27, 2012 10:00pm EDT
. they say are election laws are racially discriminatory. they're going to the united nations. he has a better idea. just separate the races. we are joined by one of the country's leading social thinkers and authors, shelby steele. you have heard about hillary's plans, what about pills? most to play, and he has an idea how. the "a-team" next. it he was never supposed to have a fair fight. the nfl with all the economic power. it turns out professional football's more entertaining when everyone plays by the rules. we will show you how much money all those screwed up caused by the replacement raffs put in the the replacement raffs put in the pockets of the real refs. [ male announcer ] you are a business pro. governor of getting it done. you know how to dance... with a deadline. and you...rent from national. because only national lets you choose any car in the aisle... and go. you can even take a full-size or above, and still pay the mid-size price. this is awesome. [ male announcer ] yes, it is, business pro. yes, it is. go national. go like a pro. ♪ lou: the naacp goes before the u.n
FOX Business
Oct 1, 2012 11:00am EDT
. one of the first laws passed by the first congress back then. whether the defendant may be liable under those violations. a territory of a foreign sovereign. this is very important human right case that will determine whether or not victims of human right abuses can sue corporations in the united states for violations of the billion tort statute of 1789. the question -- it is no question if an billion, like an ambassador gets assaulted by an american citizen, this statute would apply. now justices are being asked if it should be much more expensive and evolving human right cases and foreign companies where there is no particular u.s. nexus. the justice has sounded skeptical of broadening this law, the application of this loss in these kind of cases. connell: peter barnes, thank you very much. dagen: you want even more on the supreme court. we have judge andrew napolitano talking with us about protecting the information on your cell phone. connell: that is coming up a little bit later on in the hour. one of the big name banks got a big write up over the weekend. we will tell you mo
FOX Business
Oct 2, 2012 9:00pm EDT
you just mentioned, and it is true, that more than half of americans disapprove of the law. it's a thicker visions are even more unpopular, it seems like the individual mandate, things like taxes on medical devices, so what you see the white house doing, they don't want to talk about this. what you see them doing is very few provisions in the bill that remain somewhat popular out there. republicans have kind of let them get away with that. gerri: they are both strange bedfellows. they came together to ge obamacare put in place. recently, you talked about aarp, but i don't know about you, but you ee them take over these bucolic streets, beautiful. but aarp is highly partisan and the obama debate. >> yes, that is what we have discovered now. the house energy and commerce committee put out a new e-mail that they have gone from subpoenas when they looked at how obamacare was put together. one of theore revealing assets is the degree to which aarp, which makes you think that it is out there. they were taking orders from the obamwhite house, taking pressure, they were out there doing
FOX Business
Sep 28, 2012 9:20am EDT
. so go to legalzoom.com today and see for yourself. it's law that just makes sense. >> signs of life in the housing market. joining us is tony with keen investments realty. three homes to show us. >> yes. stuart: former prices, current prices, price movement. let's start with colorado. a picture, i think. this house built in the year 2000, listed in '07 for 1.75 million dollars. sank to 975. now is at 1.1 million. is that accurate? >> it's accurate and we're getting a the lot of activity on that house, it's a great rental, if only for the summer, right? and you get fishing rights with it. it's need, but colorado is an interesting state. they have jobs. the manpower employment survey said that 17% of companies in denver, now, this house isn't in denver obviously, but plan to hire and 73% continue to maintain their stats. >> the local jobs market markets strength in the housing market. went to 975 bottom. bounced to 1.1. a bounce in real estate in colorado. item two, atlanta. a house a year ago listed for 298, october much 11. 298 now at 300,000, not much of a bounce, but it's a bounce
FOX Business
Oct 2, 2012 12:00am EDT
. in fact, almost every common law country use this is approach. melissa: why don't we do that here? have you gotten any traction on this idea? >> oh, a lot of discussion about it. i would expect to see it introduced as a serious matter of legislation in the next session. melissa: yeah. definitely. number three, open america's resources to energy development. a lot of people are calling for this. especially when you see the fracking boom that is going on around the country. >> well the house has actually passed a long list of measures to devep america's vast energy resources. the problem is they have all stopped the senate. if you just, including our shale oil reserves, you look at american petroleum, that makes saudi arabia look like a petroleum pigmy. we have three times the petroleum resers saudi arabia has. the only difference, saudi arabia develops and prospers from their reserves. our government actively obstructs america haste ability to do the same. >> you know, i have got to ask you before we go because you made it so clear things we can do with the econo to get it moving again.
FOX Business
Sep 29, 2012 1:00am EDT
. >> but it should be limited to people who go through fertility test spin like you miss the point*. >> we have laws to prevent brothers and sisters back the state has an interest because it needs to promote the natural family. john: father's? >> yes. and north carolina. >> they can in 20 states. [laughter] coming up can the university's solve the world's problems? no. i think it is a scam. my next guest says i am wrong. john: welcome back to the university of north carolina. college should be a marketplace of ideas but the author of the book of and gin seven ovation. >> they are good at the intersection of execution and innovation. good at taking innovation and by bringing them onto campus way can increase the impact at universities. >> who cares? >> there is not many any more. the crown jewels of $300 billion of assets of major research universities the most talented intellectual people are here and the public in general it expects more and crown jewels, that is why i say college is a scam. if you look at what taxpayerare paying it is going down very fast. >> not fast enough. >> who will take the
FOX Business
Oct 3, 2012 9:20am EDT
, no new laws to limit unions rights if the constitutional amendment is approved and prevent michigan from ever becoming a right to work state and number three it could give unions the ability to mount endless, i mean, endless challenges to local governments. democrats and former lt. governor went head to head with the unions in part he did, perhaps also went head to head as well, but he did save the new york city transit system in the '80s and joins us now on the expertise of running a big state. welcome to the program. >> good to be back. >> if you were trying it run and upper echelons of government in michigan, would you want this constitutional amendment, given the unions this kind of power? >> i'm not an expert at this, but to the extent i read about it, no, i would not. i to not believe in constitutional or in some cases statutory restraints on the ability of the political process to produce a result. we've had serious problems and fiscal problems in most states. i think-- >> you don't want to see governments, state governments go heads to head with the unions. you want more after co
FOX Business
Sep 28, 2012 9:00pm EDT
we change the laws, the regulations that implement them will state. lori: can you tell me or is it fair to suggest that these burdensome costs are actually shaving points of gdp? >> there is no question about that. again, if i told you there have been a $500 billion tax increase will be talking and howard slow gdp growth. we know the debt burden is slowing gdp growth. its other shock that we are crawling along at something under one-and-a-half percent because we have an economy that has to many burdens. large new spending programs, large debt, and now large regulatory burden. lori: the most costly federal agencies of the epa, department of housing and human services. ideas for cuts? baena we are locked in as we are talking about, but going forward . >> you have to go to the epa and ask a very, very serious question. what point have we crossed the line with a green agenda is crushing the jobs agenda. i think that is a place where we ought to start. think hard about has been going on for the past four years. again, if you go over to hhs the number one culprit will be health
FOX Business
Oct 1, 2012 7:00pm EDT
labor department told lockheed they do not need to abide by the law. telling lockheed it will cover potential legal costs if they incur any benpality, obama administration. clearly does not want those layoff notices delivered just days before the election. >> president obama downplaying expectations for wednesday's debate. saying he is an okay debater, according to a new washington post abc news poll, 55 percent of likely voters think that president will win this first debate, and 41% think that romney will win. joining me now, ed klein, author of "new york times" best seller "the amateur." great to see you, this is cute, the downplay, one of these, i can't think of another moment of modesty on the part of this president other than this example of trying to manage expectations. >> the golden-floated orator is bumbling,. lou: the idea he is such a heavy favorite to win the debate, that has to work in governor romney's favor. >> almost 6 out of 10 americans think that obama will take this debate, romney goes in as under dog with low expectations, if he does well, he will exceed those
FOX Business
Oct 2, 2012 8:00pm EDT
to set up health care exchanges required in the present health care law. if the states don't do it, uncle sam well. this is going to make things even worse. what happens now? >> what happens now is the federal government has to step in. they have to fund these exchanges. the amount of money was not part of the original estimates. we have already doubled the original cost of implementing the aca. now, the price tag has gone up, but only in 13 states, and maybe not even. that is really concerning for debate that we we are having on how to bring the country down the deficit neutral. he was going to pay for this? this is a contradiction to what the president said before about not establishing a government run program. because that is exactly where we're headed. >> what would these exchanges supposed to do were ultimately going to do? >> well, these exchanges and the rules governing them were set up as a kind of trap or states. because basically they were told that you guys have a choice. you can set these exchanges up for the federal government will do it for you. then they looked at this and
FOX Business
Oct 3, 2012 4:00pm EDT
others of course is obamacare, the new health care law. >> yeah. david: how are you planning, you're planning three new restaurants. how are you planning your payrolls? because a lot of your payroll will depend whether or not we have the full implementation of obamacare? >> that is a great question. we spent three hours on this last night. it is very opportune. the answer is we don't know. i can't believe he read 2700 pages. i'm given to no single individual read 2700 pages. so it's coming together. we're trying to plan for it. applebee's international has people on the ground full time in washington and they can't give us a direction. so how do you plan for it? that is the most difficult part for why business, i believe isn't moving forward because no one knows. no one knows what this is about. we can't put x value or y value on it and say what we project. we're working now on projections for next year, for 13. that's a big empty blank. lauren: i'm sick of that word, uncertainty. david: zane tankel. sorry you have to live with the uncertainty. >> thank you so much, david. david:
FOX Business
Sep 28, 2012 11:00am EDT
third-quarter, mandated by the dodd-frank law, the senate will keep doing this for now on. first time they have done so. third quarter of 2010, july 22, it really is returned to normalcy, so to speak at the discount window. the biggest transaction is not tens of billions of dollars anymore, really the worst being $70 million transaction on august 6, 2010. some other banks in the tens of millions of dollars, but that is about it. the discount window giving a return to normalcy. connell: rich edson therefore imac therefore us in washington, d.c. i told him, never mind. dagen: an inside thing between you two dorks. the latest fox news poll showing president obama leading republican nominee mitt romney, but who do americans trust to better manage their taxes? connell: and already guaranteed a recession. says you have to buy gold. wait a minute, faber coming up. and look at the currencies everywhere against the dollar, we will be right back on "markets now." look, if you have copd like me, you know it can be hard to breathe, and how that feels. copd includes chronic bronchitis and emphysem
FOX Business
Sep 28, 2012 4:00pm EDT
. each state has different laws who is allowed to ship wine or not. for instance in new jersey it is different than new york. in new jersey, if you want to buy online mailed to you can be sent to your office. you can do that with amazon.com once they get the program up and running. david: adam, amazon is not only business that is rolling out a business different than with people are used to. facebook getting a pop as a result of them going into a news business for them. >> i have to ask you, david. with facebook if you were reminded on facebook your wife's birthday should you forget i and i know you never would. david: never would. >> friend, send them cupcakes or something leak that? david: interesting you asked. i was skeptical when i first heard about, would would be easy. one click you wouldn't have to look around the web for something. >> that's right. facebook will offer its users the ability to purchase different gifts for friends so that don't forget. we have a little graphic. you can send a gift card from amazon for from a starbucks or you could send a magnolia cupcake
FOX Business
Oct 5, 2012 12:00am EDT
with law as it is now. the law says we have a fund a certain amount for retirements and for, for retiree health benefits. we're fully funded on retirements. we're overfunded by $11 billion in one of our accounts. we're trying to fund retiree health benefits, promises to your point made to people and that is part of what we're looking to do to make the law change. melissa: you have to cut labor costs. that is point three. 80% of the your cost is labor. you have to eliminate something like 100,000 people. are you going to be able to do that? >> we, in the year 2000, we had 800,000 people on the rolls. today we have 528,000. we already reduced the headcount by about 35 thousand people. we done it through attrition and done it maintaining infrastructure. same number of post office, five days of delivery. our people are much more product they have than they were today. our goal is to get to 400,000. you get 400,000. that is a five-day delivery. that pulls the costs down, makes us profitable and helps to us control long-term liabilities. melissa: so then, finally, i think you sort of have to m
FOX Business
Sep 28, 2012 7:00pm EDT
of the dodd-frank financial reform law. the judge rejected regulations that would have capped the amount of positions a trader can hold and the size of that position in various commodities. the chairman of the cftc says he's disappointed by the ruling and the agency is looking for new ways to get their way. well, my next guest says the dismal economic news of the week remits no significant -- represents no significant change, just more of the same as the economy continues to slip. joining us now, wall street legislate, his tore your, lures lerman. lou, i'm looking at the number, and the dow jones industrial, and this is stunning stuff. up almost 10%, 9.8%, year-to-date. the s&p up 14.56%. the nasdaq up almost 20%, up 19.62%. these are incredibly glorious numbers. aren't you happy? [laughter] >> well, i'm happy about the results. of course, for everybody who profited by it, but unhappy about the techniques by which the market has been floated into, you know, 10%-15% increases in value. this is a federal reserve system money machine blowing lots of liquid air calmed feedbacks into the mark
FOX Business
Sep 27, 2012 11:00pm EDT
's law that just makes sense. these are sandra's "homemade" yummy, scrumptious bars. hmm? i just wanted you to eat more fiber. chewy, oatie, gooeyness... and fraudulence. i'm in deep, babe. you certainly are. [ male announcer ] fiber one. neil: a lot of red states with republican governors have economies they are pretty proud of. that should be a red flag for the president, because policies he does not like to be causing this by cutting regulation, and slashes taxes, cutting down on public unions, all pumping those economies up, republican congressman michael burgess said that the president could learn from this, ironically he meeting wins in polls in those swing states, so maybe he does not care. >> well, i suppose that could be true. but i live in texas, economy here has over performed as benchmark against the u.s. economy for last several years, iin 2007 we didn't know about recession for a full year because of the energy production in north texas, it has made a difference here in jobs, and income and disposable income. neil: but congressman, it is uncanny that let's say big swing st
FOX Business
Sep 28, 2012 12:00am EDT
for doing the same work as men isn't just unfair, it hurts families. for the first law he signed was the lilly led better fair pay act to insure women are paid the same as men for doing the exact same work because president obama knows fairness for women means a stronger middle class for america. >> i'm barack obama and i approved this message. melissa: our own government said it is not quite as simple as that. we crunched numbers because some of it women often work fewer hours or within agent been with the same employer for a shorter period of time of time. how big of a problem. we have mary ann mash and jean borelli. author of backlash. thank you for joining us. we have seen this debate rage on over time. as you break down the numbers and as i watch these ads strikes me a lot of cases women have taken time off from work, not been within an employer as long or chosen jobs so they can work fewer hours and be perhaps the primary care provider at home. not that that is fair. not that that makes it any better but has a lot to do like exactly they're both doctors working in the same
FOX Business
Sep 28, 2012 1:00pm EDT
of this type of information under the dodd-frank law. we first reported tens of billions of dollars to european banks. this from the third quarter of 2010 shows a much different economy. back to you. melissa: interesting. thank you so much for the six a headline that generated all kinds of surprises. apple apologizing for it map app. the ceo tim cook says the company is doing everything it can to make maps better. you can use alternatives by downloading maps. what? melissa: that is crazy. that is like we have a problem with our signal, please go over to our competitor. lori: silence, i think says more. dennis: remember when they had the intended debacle. not admitting anything was wrong with it and people were getting more and more frustrated. lori: that is a good point. i think charlie gasparino is standing by with his latest report. inc. of america, i guess this is more interesting to charlie, at least. the bank with a 3.5 million in charges. bank of america says this is not an admission of guilt. the settlement was reached to eliminate the uncertainties. melissa: the latest news from bank of
FOX Business
Sep 29, 2012 12:00am EDT
's law that just makes sense. ♪ . melissa: so you want to know one of the reasons your cell phone bill is so high? part of it is because every month you pay a free to help give free cell phones away to lower income americans. believe it or not in 2011 that tab is $1.6 billion. it is part of the lifeline program and began 20 years ago. but back in the headlines because of this clip on youtube that everyone is watching. take a look. >> got obama phone? >> everybody in cleveland, all minorities got obama phones. keep obama as president you know. he gave us a phone. >> gave you a phone? how did he give you a phone? >> you sign up. you on food stamps, social security, low income, disability. melissa: wow that is not really fair. that program has been around for a while. congressman tim griffin from arkansas is trying to revamp the program and take cell phones out of it. congressman, thanks for joining me. yeah. so talk to me about this program. it is called the universal service fund is a fee that you see on your bill. that is how it is collected. what is your problem with this program? i c
FOX Business
Sep 30, 2012 1:30am EDT
law, and looming tax increases and congress actually-- >> and maybe you're seeing just that, and dan, to that point, do you see this double dip? do you see, as many ceo's seem to be saying at the very least, not a big reason to hire, not a big reason to expand. retrenchment, which generally smells recession? >> i don't know that we're going to have a double dip, but except in housing, could be extremely vigorous, but may be in a situation like we're in in the late 30's in which we have very, very slow economic progress, or none at all and we're just in a prolonged period of slowdown and i don't see what's going to end this. >> we should point out that housing is up in the countries, so far down, you know. >> neil: for whatever reason, charlie, it's up. >> one dollar or two dollars. >> neil: adam, on this point i have another theory on this, you might or might not like, we got so used to crappy numbers when they're less crappy, i think we're grateful and i think we've had years of pathetic numbers and i think that when we see an up tick in housing as we've seen to ben's point, and not
FOX Business
Oct 3, 2012 1:00pm EDT
it lightly. even before the new health-care law goes into effect, a company that aims to make it easier call themselves these atos of health care. they navigate through the medical care insurance dealing in much more and alan joins us now. it is a total nightmare. >> completely. i have seen stories -- we started the business when i was sick. as a result of it. i was diagnosed with cancer in 2005 and the avalanche of health care hit me. everything from finding myself at eight doctors that were not communicating. four medical institutions we did not communicate and insurance bill left the personal right and center and insurance fraud by providers and 12 medications. >> you are from the bash your insurance company did not have a drug down there. >> the most outrageous fees. i was diagnosed with cancer and 500 people were diagnosed. it is between the heart and lung and helps you with immune system development. tracy: i had an anatomy charts to figure out. >> in the drop down menu and tried -- tracy: so now you have gone -- this is a total mess. i like the analogy that an attorney accountant -- i
FOX Business
Oct 4, 2012 7:00pm EDT
-frank financial reform law. bank of america, j.p. morgan, morgan stanley all up about two and a half%. health care stocks up after romney recommitted to repealing obamacare. leading the sector of more than 3 percent, and the governor's support giving the sector a lift today. up nearly 8%. alpha natural resources, peabody, consol energy also appeared on the date. the market could have been just reacting to a recent economic news, the jobless benefits of 3,607,000 last week. lower than estimates. one day before tomorrow's september unemployment report. factory orders came in better than forecast, but still fell more than 5%, the biggest decline in more than three years the kind of world we live in now, that was actually better than what had been expected. retail chain stores reporting september sales above wall street expectations. oil up more than 4% on middle east supply concerns. crew selling at 9171. gasoline prices in california reaching record highs due to fuel shortages caused by a pipeline shutdown. well, excuse me one second year. forgive me. president obama hitting the campaign trail today
FOX Business
Oct 4, 2012 8:00pm EDT
last night, he said that he doesn't even know that there are such laws that encourage outsourcing, never heard of them. never heard of them. neil: he never heard of them because they don't exist. >> they don't exist. this president, admits his ignorance. neil: let me ask you about this sort of bravado the day after when many of his supporters were even hearing this today on the very, where was this yesterday? >> this president likes three things. he likes to go and campaign amongst his hand toes and democrats that come there to give him the echo chamber. he likes to raise money amongst people who are willing to pay to listen to him speak, and he likes to play golf. he was in one of those menus today. neil: we talk about moving the meal -- moving the needle. people cross these numbers and say overnight. obviously it's too soon. no discernible switch going on, although we are getting indications that there is no more falling of support. to use think in the end this is how allowing people who might have had a predisposed nasty view via commercials, adds, attacks on governor romney to
FOX Business
Oct 2, 2012 11:00am EDT
of -- this happened about two years ago. she was working for a law firm. she now works in the attorney general's office. she essentially has brought over her work to file the same exact lawsuit on behalf of the new york attorney general at this time. eric snyderman is part of the obama have forced. the timing is a little suspicious. nonetheless, it is a little old at this point. we have a statement from jpmorgan. they say it relates to bear stearns. the complaint is entirely -- there were tumbleweeds rolling down the street with people bailing out. they took over bear stearns at this point in time. now they are being punished for it. they also say we are disappointed that the new york attorney general decided to pursue an action without an opportunity to rebut the claims. there is a lot of questions here about timing, about potential political motive. we will have the attorney general on "market now." the original charges are about to properly marketing the mortgage back securities. making them look like a are safer than what they are. it was one of the things that led to the financial crisis
FOX Business
Oct 4, 2012 1:00pm EDT
night. so directly correlated after obama's healthcare overhaul law. we want to also take a look here at some of the insurers which are actually gaining today. we are seeing some of the arrows. to lou dobbs point, some pointing out we have broken out continuing to see momentum here to the upside. back to you. melissa: thank you so much. hewlett-packard taking a big type yesterday. continuing today. s&p analyst just cut his target. he said he had more than just the guidance that worries him. he will join us after the break. lori: we will show you some more winners and losers on wall street as we head to break. we will be right back. ♪ 0t[h7 the skin they were born with and say they'd die for darker skin. sadly, some actually do. change your thinking, not your skin. stop tanning. learn more at spotskincancer.org. ♪ lori: we are minutes away from getting an inside look at the fed reason for a third round of stimulus. first let's check in with sandra smith. did she hear us? sandra: we are live on the trading floor today. we have the minutes from the fed coming up in just a few minute
FOX Business
Sep 27, 2012 8:00pm EDT
. >> when i was in law school, james restin came to speak, during my freshman year, it was refreshing to hear him talk about journalism, yo you put our feelings aside, it is gone, your example with pacs is most recent, there is foreign policy, and the economy, what do you hear people talk about, any little improvement in the economy it is how story of president obama on the right track, and very little coverage of the 48 straight months of unemployment. neil: durable good orders sliding and housing industry not taking off, these numbers don't get the coverage, i think saying, this is weird, you know. >> on shows like this, there are a few shows that are factually based, i think that fox does a great job, and they make every effort to be that, there are other shows a few, that do as well, but certainly aches aches, and seeks cbs, the coverage is standed. in all likelihood, if you watch traditional media sources or reading times are post, you are not getting the whole story, maybe not even an honest story, but you have to look behind facts and articles. neil: i leave it as you did, and
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